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Tags Pacific International Lines (PIL)

Tag: Pacific International Lines (PIL)

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PIL files for court protection as restructuring plan takes shape

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Pacific International Lines (PIL) has announced that it has developed a restructuring plan with its investors Heliconia Capital Management and has applied to Singapore’s...
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PIL sells two more ships

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Pacific International Lines has sold another two ships as the troubled Singaporean liner operator works on bolstering its balance sheet. South Korean feeder operator Taiyoung...
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PIL revamps African regional service

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Cash-strapped Singaporean liner operator Pacific International Lines (PIL) continues its restructuring with the closure of its Far East-Indian Ocean-Mozambique (MZS) service, opting instead to...
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PIL continues restructuring with ship sale to TS Lines

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Pacific International Lines (PIL), the cash-strapped Singaporean liner operator, has sold yet another ship and it has been snapped up by Taiwanese intra-Asia carrier...
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Dongjin takes delivery of fourth newbuilding

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South Korean feeder operator Dongjin Shipping has upgraded its South Korea-Japan service with a 1,000TEU newbuilding that it just bought from Dae Sun Shipbuilding...
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PIL extends Heliconia talks and offloads more ships

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Pacific International Lines (PIL) has informed the Singapore Exchange that it is again delaying filing its annual return, with the names of the latest...
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PIL sales continue with PDL divestment

Container News Team - 0
Neptune Pacific Line (Neptune) has acquired Pacific Direct Line (PDL) from PDL’s parent holding company, Pacific International Lines (PIL). The combined business will link...
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The Indian Ocean Rivalry

CN Premium Articles Alexandros Itimoudis - 0
The Indian Ocean has emerged as a strategic theater of competition between two Asian giants: India and China. India’s recent developments indicate a rapid expansion...
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Statkraft advances plans for green hydrogen scheme at Hunterston

News Container News Team - 0
Europe’s largest generator of renewable energy has proposed the development of a green hydrogen facility at Hunterston, the former coal terminal in Ayrshire. Clydeport –...
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Port of Bilbao wraps up busiest month for cruise traffic

Out of the Box Alexandros Itimoudis - 0
May has marked a record month for cruise activity at the Port of Bilbao’s terminal in Getxo, with 18 cruise ship calls bringing over...
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Tripoli port shutdown sparks maritime crisis in Libya

CN Premium Articles Alexandros Itimoudis - 0
Libya’s shipping sector is teetering on the edge of collapse as fresh waves of political violence erupt in Tripoli, crippling key port operations and...
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